Down or out: assessing the welfare costs of household investment mistakes

Laurent Calvet (), John Y. Campbell () and Paolo Sodini

No 832, Les Cahiers de Recherche from Groupe HEC

Abstract: This paper investigates the efficiency of household investment decisions in a unique dataset containing the disaggregated wealth and income of the entire population of Sweeden.

Keywords: asset allocation; diversification; familiarity; participation (search for similar items in EconPapers)
JEL-codes: D50 D90 E30 O10 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-fmk and nep-mac
Date: Written 2006-01-01
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http://www.hec.fr/hec/fr/professeurs_recherche/upload/cahiers/CR832Calvet.pdf (application/pdf)

Related works:
Working Paper: Down or Out: Assessing the Welfare Costs of Household Investment Mistakes (2006)
Working Paper: Down or Out: Assessing the Welfare Costs of Household Investment Mistakes (2006)
Working Paper: Down or Out: Assessing The Welfare Costs of Household Investment Mistakes (2006)
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